October Air Ticket Sales Climb 11 Percent in 2018 vs. 2017
ARLINGTON, Va.--(BUSINESS WIRE)--Nov 14, 2018--Airlines Reporting Corp. (ARC) announced today that the consolidated dollar value of airline tickets sold by U.S.-based travel agencies increased nearly 11 percent in October as compared to October 2017, totaling $8.2 billion vs. $7.4 billion.* The average U.S. round-trip ticket price for October 2018 was $509, up $23 from the same time in 2017.
The total number of passenger trips settled by ARC for U.S. travel agencies increased approximately 5 percent to 25,023,323 compared to 23,914,873 in October 2017. U.S. domestic trips increased more than 2 percent while international passenger trips increased nearly 10 percent.
Electronic Miscellaneous Document (EMD) ** sales in October 2018 totaled $6.1 million, an almost 6 percent increase compared to October 2017. EMD transactions also increased 0.92 percent to 100,655 in October 2018 vs. 99,740 in October 2017.
More detailed information is available on ARC’s website.
An industry leader in air travel distribution and intelligence, ARC settled $88.5 billion in ticket transactions in 2017 between airlines and travel agencies, representing more than 287 million passenger trips. ARC provides flexible distribution solutions, innovative technology and access to the world’s most comprehensive air ticket transaction data, helping the global air travel community connect, grow and thrive. For more information, please visit www.arccorp.com.
Notes for Editors:
*Ticket SalesResults are based on monthly sales data ending October 31, 2018, from 12,253 U.S. retail and corporate travel agency locations, satellite ticket printing offices and online travel agencies. Results do not include sales of tickets purchased directly from airlines. Average ticket price (in USD) for a round-trip ticket settled through ARC for an itinerary that included only U.S. domestic travel. Passenger trips include the total number of passengers taking a trip from one airport to another using either direct or connecting flights. Newly-issued trips are added and refunded trips are deducted to provide a net view of traveling passengers. U.S. Domestic passenger trips include the total number settled through ARC where the itinerary is wholly within the U.S. International passenger trips include the total number settled through ARC where some or all of the travel occurs to airports outside the U.S. or originates outside the U.S. Total sales are equal to the total amount paid for a ticket, which includes taxes and fees.
**Electronic Miscellaneous Documents (EMD)Includes fees for products and services such as upgraded seats, checked luggage, an unaccompanied minor, pet-in-cabin, etc.
©2018 Airlines Reporting Corporation (ARC). All rights reserved.
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CONTACT: Hillary Smith
KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA
INDUSTRY KEYWORD: TRANSPORT AIR TRAVEL TRANSPORTATION
SOURCE: Airlines Reporting Corp. (ARC)
Copyright Business Wire 2018.
PUB: 11/14/2018 02:30 PM/DISC: 11/14/2018 02:30 PM